Reliance Infrastructure | Capital First | Dabur India | PVR | HUL | Stocks in News | Jumbo Bag | Hind Copper | Jindal Poly | La Opala and Healthcare Global Enterprise are stocks, which are in news today.
Fortune Financial wants a more level playing field for its reinsurance entity ITI Reinsurance.
Liberty Shoes | Kajaria Ceramics | Delta Corp | Clariant Chemicals | Sanofi India | Trent | EID Parry | Chennai Petroleum | GMDC | Shree Cement | IFCI | Petronet LNG | Jindal Steel | National Fertilisers | Neyveli Lignite | Hindalco | Fortune Financial | TVS Motor and Tata Teleservices are stocks, which are in the news today.
Fortune Financial has come out with its report on currencies. According to the research firm USD/INR has intraday resistance around 53.346.
Fortune Financial Services has come out with its report on currency. The research firm says USDINR future contract on MCX are looking negative for intraday. Market may find support near 51.722 , 51.328 and 51.107. Intraday resistance can be seen near 52.337 , 52.558 and 52.952.
Fortune Financial Services has come out with its report on currency. According to the research firm, the upside in the rupee may be limited due to demand for US dollars from crude oil importers at lower levels of the greenback. The rupee is expected to move in the range of 55.00-55.35 a dollar intraday.
Fortune Financial has come out with its report on mentha oil. According to research firm Mentha Oil has support around Rs 1307.
One can stay away from the infrastructure and capital goods space, says Abhjit Chakraborty, Sr VP - Institutional Equity, Fortune Financial.
Abhjit Chakraborty, Sr VP- Institutional Equity, Fortune Financial expected that with the GAAR issue kind of postponed, market should have rebounded but the fact that even after that incident the market has seen a sharp fall doesn't auger well.
In the last decade, investors had resorted to sell-in-May-and-go-away approach not once, but six times. This may not hold true this year; as it wasn't in few intermittent years, when market went up in the month of May.
The Nifty is in the process of bottoming out, says Abhijit Chakraborty of Fortune Financial. "We can perhaps see a move back to 5,450 or 5,500 on the Nifty," he asserts.
Abhijit Chakraborty, Fortune Financial shares his view on banking space. He says the entire banking sector has come under pressure with renewed fears of asset quality deterioration.
Experts have almost lost hope on the Indian market and feel any slight wrong move may be a risky bet. Abhijit Chakraborty of Fortune Financial feels that the market has little possibility to rebound but it is best not to play it now.
Abhijit Chakraborty of Fortune Financial does not expect any significant up move in the market for the near-term. In fact, he feels that things will only deteriorate further before improving. Q3 earnings numbers would be one of the pressure points for the market, which will be severely under pressure.
Abhijit Chakraborty, Sr. VP - Institutional Equity, Fortune Financial shares his view on infra space.
Abhijit Chakraborty, Sr. VP - Institutional Equity, Fortune Financial shares his view on IT space.
Abhijit Chakraborty, Sr. VP - Institutional Equity, Fortune Financial shares his view on Larsen and Toubro (L&T).
Prefer private sector banks, says Abhijit Chakraborty, Fortune Financial.
Expect bounce back in Nagarjuna, IVRCL Infra and Patel Engineering, says Abhijit Chakraborty, Fortune Financial.
Abhijit Chakraborty, Fortune Financial, in an interview with CNBC-TV18’s Mitali Mukherjee and Sonia Shenoy, spoke about his reading of the market and his outlook.
The market breathed a sigh of relief today after the crude prices eased a bit. Hopes of a resolution of the DMK-Congress standoff also added to the cheer. Experts feel that the market is resilient and the Nifty would trade in 5,200-5,600 range ahead.
IT space to remain outperformer, says Abhijit Chakraborty, Fortune Financial.
Buy Cairn India, says Abhijit Chakraborty, Fortune Financial.
Pick Larsen and Toubro (L&T) in the infrastructure space, says Abhijit Chakraborty, Fortune Financial.
Prefer largecap private sector banks, says Abhijit Chakraborty, Fortune Financial.